A partnership has been entered into by Genesis Vision and B2Broker. B2Broker is a provider of liquidity for the cryptocurrency and forex industries. The partnership between the two will see Genesis’ clients receive aggregated liquidity for cryptocurrencies through the B2B MarksMan aggregator.
B2Broker is a seasoned firm in the industry, and it aggregates and distributes liquidity through a variety of systems. Some of the systems used by B2Broker include B2BX MarksMan, OneZero Hub, FIX API, AMTS ECN Bridge, PrimeXM X-Core, and Tools for Brokers Bridge.
The range of tools through which liquidity provision is enabled allows the firm to execute its mandate seamlessly while giving its clients a tool that is best suited for their needs.
B2B expansion into the market
B2Broker has completed some deals and business development endeavors over the past few months, which have placed the firm in a good position in the industry. The pinnacle of these was the launch of the B2BX project, one of the first cryptocurrency liquidity aggregators.
This project makes B2Broker a vital player in the cryptocurrency industry, especially because the issue of liquidity is one of the challenges that have affected the progression of crypto assets into mainstream adoption.
The company was formed as a provider of FX technology, but it has now evolved to become a specialist provider of liquidity for cryptocurrencies. B2Broker made a move to corner this niche market due to the absence of liquidity providers for small brokers.
High level liquidity providers in the industry do not have liquidity options that suit small brokers, and this places these small firms at a disadvantage. Small brokers can access liquidity from B2Broker, and this benefits the industry as a whole as more liquidity is available across the board.
Last year, B2Broker created a gateway for crypto payments in order to enable deposits from crypto holders. This move opened up the platform to more crypto traders.
The firm strengthened its presence in Asia, one of the biggest markets for cryptocurrencies, by opening an office in Malaysia. The number of crypto options available on B2Broker continues to grow as the platform becomes more crypto oriented.
Partnerships central to B2Broker growth
Arthur Azizov, founder and CEO of B2Broker, said that the company’s aim is to grow their list of partners. The firm will continue to work towards becoming the best provider of liquidity in the industry. Genesis Vision has expanded the number of partner brokers on its platform, and this partnership gives B2Broker access to this broker pool.
The partnership will open up margin trading on crypto CFDs with a 1:5 leverage. It will also provide clients with access to 4 commodities, 74 Forex pairs, and 12 spot metals. Crypto liquidity is aggregated from various exchanges in order to create a deeper book for clients who use the platform.